RE:RE:RE:RE:OT : How the Greek bailout worksYeah - predatory loans made to a nation of slackers who want their pensions, welfare and disability payments made by someone else; the Germans. Because everybody knows, Greeks don't pay taxes.
https://freedomsback.com/george-will/a-tantrum-masquerading-as-governance/
It's kind of like the 2008 US housing bubble collapse where home buyers didn't need a down payment, a job or a future.
So how does the EU get paid back by the Greeks for all the loan shark tactics ? They don't.
Stupid loan sharks don't last long. Watch Italy, Spain, Portugal and Ireland and then France.
Maybe they'll find diamonds to pay the loan sharks with, huh ?
Wealth created and destroyed with the velocity of a 100 Euro note. Maybe there is no real wealth - maybe all there is, is debt and unfuded obligations